Orderbook

BitU utilizes an advanced order book system that consolidates liquidity from multiple centralized exchanges (CEXs). This integration allows users to access deep liquidity, ensuring smooth and efficient execution of trades, even during periods of high trading volume. By leveraging liquidity from centralized exchanges, the Omni-Trading Hub provides users with highly competitive prices while minimizing slippage.

The order book operates on a price-time priority system, ensuring fairness in trade matching. Orders are matched first by price priority and then by the time the order was placed, similar to traditional centralized exchanges. However, the distinct advantage of the Omni-Trading Hub's order book is its ability to pull liquidity from multiple sources, resulting in better price discovery and more efficient trade execution for users.

Key Advantages:

• Deep Liquidity: By consolidating order books from multiple centralized exchanges, the platform ensures that users can execute large trades without significant price slippage.

• Optimal Pricing: The system pulls the most competitive prices from various exchanges, ensuring that users' orders are executed at the best available prices.

• Efficient Execution: By aggregating multiple order books, the platform ensures that trades are executed quickly and efficiently, optimizing the user's trading experience.

In summary, the Omni-Trading Hub’s order book leverages the strengths of centralized exchanges to provide users with an optimized, highly liquid trading environment, ensuring access to superior pricing and efficient trade execution.